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Dilip Buildcon transfers 49% stake in DBL Chandikhole Bhadrak

27 Feb 2023 Evaluate

Dilip Buildcon (DBL) has transferred its 49% equity shareholding in DBL Chandikhole Bhadrak Highways to Shrem InvIT on February 24, 2023. The Company has received Rs 24.50 crore against transfer of 49% shareholding of DBL in DBL Chandikhole Bhadrak Highways.

Dilip Buildcon’s core business is undertaking construction projects across India in the roads and irrigation sectors. They specialize in constructing state and national highways, city roads, culverts and bridges.

Peers
Company Name CMP
Lodha Developers 1116.00
Prestige EstatesProj 1458.00
Dilip Buildcon 405.50
DLF 664.00
Oberoi Realty 1825.20
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